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 bayba update /the dalasi rise
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lurker



509 Posts

Posted - 03 Sep 2007 :  17:09:41  Show Profile Send lurker a Private Message
bayba today told me that the banks in gambia did not have enough dalasis to give them, that is why they could not pay everybody out as usual, but that everybody did get paid out in due course and that the problem is now over.
someone had told my gambian brother-in-law that somebody stole the safe from bayba in gambia with all the money in it.
don't you just love the grapevine.

i am hearing that bayba owe millions to the banks, that they overexpanded too quickly and they are in big trouble.

their rate today is ONLY 43!!!!!!!!!!!!!!!

Edited by - lurker on 03 Sep 2007 17:25:44

toubab1020



12312 Posts

Posted - 03 Sep 2007 :  18:14:04  Show Profile Send toubab1020 a Private Message



Ah.....The usual Gambian problem getting too big too quick too much credit , I wonder if they want to buy a new safe!!

Lets just wait and see all this could be rumor control and Bayba are stable and its not their fault.

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 03 Sep 2007 18:17:56
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